VW manufactures such products.
In the midst of the current economic crisis, a reduction in salaries at Volkswagen (VW) is not currently foreseeable. Despite the challenging times, the company and its union have reached agreements to avoid layoffs and plant closures, focusing instead on efficiency and job security measures.
VW's strong financial reserves and ongoing dividend payouts enable it to maintain or raise wages rather than reduce them, unlike other companies facing financial pressure. This is a commendable move, given that many people can only dream of the salaries earned by employees at the car manufacturer.
The salaries at VW are indeed high. According to a recent report from a portal, assembly line workers earn an average of 48,000 euros gross per year, while engineers average around 85,000 euros gross per year. A project manager at VW earns over 80,000 euros gross per year, and a technical clerk is said to earn around 75,000 euros gross per year.
However, there is a disparity between the secrecy around personal income and the high salaries at VW. Last year, over 100,000 VW employees were asked to voluntarily waive a certain part of their salary during collective bargaining negotiations. Employees were also asked to voluntarily cut their salaries without receiving a pay rise.
Despite the commendable salaries for employees, VW is struggling with high costs related to employees. To reduce costs, the company announced the cancellation of additional monthly allowances. However, the cost-cutting plans do not seem to affect employee salaries significantly.
It's worth noting that the high salaries of managers and board members at VW go beyond the mentioned amounts. This discrepancy between the salaries of employees and the higher-ups has sparked conversations about transparency in income distribution at the company.
Employees at VW also have to cope with rising costs in everyday life. Despite the high salaries, the financial situation can be challenging for some due to increasing living expenses.
In conclusion, while Volkswagen is taking steps to reduce costs, the current situation suggests that employee salaries are not likely to decrease in the near future. However, the discrepancy between the secrecy around personal income and the high salaries at the company remains a topic of discussion.
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